Housing Market Analysis for REEVES WAY, PE1 5LY

Are you looking to understand PE1 5LY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Peterborough postcode.

For the location information and nearby amenities in the PE1 5LY area, explore the PE1 5LY Area information page.
For comprehensive crime statistics in the PE1 5LY area, explore the PE1 5LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE1 5LY postcode area, The average prices are as follows,

Terraced
- The average price is around £110,038 median price is £115,000 Standard Deviation is £59,809 with Total Sold: 13
- The Last 5 Year average price is £263,000 with Total Sold: 1
- The most recent sale happened at this postcode is 163 REEVES WAY: £263,000 (Sold on 01 Sep 2022)
- The first recorded sale happened at this postcode is 160 REEVES WAY: £40,500 (Sold on 21 Aug 1995)
Semi-Detached
- The average price is around £109,624 median price is £120,998 Standard Deviation is £51,229 with Total Sold: 8
- The Last 5 Year average price is £186,000 with Total Sold: 1
- The most recent sale happened at this postcode is 149 REEVES WAY: £186,000 (Sold on 14 Feb 2020)
- The first recorded sale happened at this postcode is 161 REEVES WAY: £11,500 (Sold on 23 Jun 1997)
Detached
- The average price is around £99,995 median price is £99,995 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 165 REEVES WAY: £99,995 (Sold on 01 Mar 2004)
- The first recorded sale happened at this postcode is 165 REEVES WAY: £99,995 (Sold on 01 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average PE1 5LY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£263,000	£3,653	1
2017	£140,000	£1,944	1
2016	£163,000	£1,831	1
2014	£90,000	£1,147	2
2013	£90,000	£1,216	1
2007	£147,000		1
2006	£121,500	£1,554	2
2002	£75,500		1
1999	£44,000		1
1996	£44,500		1
1995	£40,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£186,000	£2,163	1
2017	£155,000	£1,867	1
2014	£112,000	£1,534	1
2013	£85,000	£1,113	1
2012	£132,000	£1,500	1
2006	£129,995	£1,529	1
2001	£65,500	£771	1
1997	£11,500	£135	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£99,995		1

All the Sales in the REEVES WAY, PE1 5LY

See the table below for more details on the sold house prices in the PE1 5LY, Peterborough postcode.

Address	Sold Date	Price	% Change
163 REEVES WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	01 Sep 2022	£263,000	87.86%
	31 Jul 2017	£140,000	First Sale
149 REEVES WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	14 Feb 2020	£186,000	First Sale
171 REEVES WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	17 Mar 2017	£155,000	First Sale
141 REEVES WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	05 Apr 2016	£163,000	First Sale
150 REEVES WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	17 Oct 2014	£120,000	First Sale
151 REEVES WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	08 Aug 2014	£60,000	First Sale
146 REEVES WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	02 May 2014	£112,000	First Sale
152 REEVES WAYTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	30 Jan 2013	£90,000	First Sale
148 REEVES WAYSemi-Detached, FreeholdArea: 76.34 Sq.mtrAge: 1950-1966	15 Jan 2013	£85,000	First Sale
139 REEVES WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	24 Aug 2012	£132,000	First Sale
159 REEVES WAYTerraced, Freehold	20 Nov 2007	£147,000	First Sale
161 REEVES WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	27 Nov 2006	£129,995	98.47%
	12 Apr 2001	£65,500	469.57%
	23 Jun 1997	£11,500	First Sale
140 REEVES WAYTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	05 May 2006	£115,000	First Sale
132 REEVES WAYTerraced, Freehold	10 Feb 2006	£128,000	69.54%
	21 Jun 2002	£75,500	69.66%
	26 Apr 1996	£44,500	First Sale
165 REEVES WAYDetached, Freehold	01 Mar 2004	£99,995	First Sale
160 REEVES WAYTerraced, Freehold	30 Sep 1999	£44,000	8.64%
160 REEVES WAYTerraced, Freehold	21 Aug 1995	£40,500	First Sale

Check out the sold house prices near the PE1 5LY postcode. Properties currently for saleProperties currently for rent

REEVES WAY, PE1 5LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE1 5LY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PE1 5LY postcode.

Detached
- The average price is around £167,290 median price is £158,000 Standard Deviation is £73,860 with Total Sold: 467
- The Last 5 Year average price is £277,444 with Total Sold: 54
- The most recent sale happened at this postcode is , 7 EYE ROAD: £255,000 (Sold on 24 Sep 2024)
- The first recorded sale happened at this postcode is , 88 DERBY DRIVE: £42,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £130,113 median price is £125,500 Standard Deviation is £62,003 with Total Sold: 585
- The Last 5 Year average price is £216,153 with Total Sold: 88
- The most recent sale happened at this postcode is , 41 EYE ROAD: £360,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , 32 FRANKLYN CRESCENT: £50,000 (Sold on 31 Jan 1995)
Other
- The average price is around £3,611,292 median price is £200,000 Standard Deviation is £10,390,507 with Total Sold: 12
- The Last 5 Year average price is £4,742,278 with Total Sold: 9
- The most recent sale happened at this postcode is , 12 WOLF SQUARE: £70,500 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is NEWARK COURT, 7 NEWARK AVENUE: £180,000 (Sold on 31 Mar 2015)
Terraced
- The average price is around £117,190 median price is £120,000 Standard Deviation is £56,967 with Total Sold: 279
- The Last 5 Year average price is £199,043 with Total Sold: 49
- The most recent sale happened at this postcode is , 5 BROAD CLOSE: £228,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is , 111 REEVES WAY: £44,995 (Sold on 20 Jan 1995)
Flat
- The average price is around £74,736 median price is £63,500 Standard Deviation is £39,421 with Total Sold: 179
- The Last 5 Year average price is £91,482 with Total Sold: 28
- The most recent sale happened at this postcode is 14, HERITAGE COURT EASTFIELD ROAD: £47,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 7, HERITAGE COURT EASTFIELD ROAD: £30,500 (Sold on 21 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£347,500	£2,780	6
2023	£306,000	£2,683	5
2022	£270,273	£3,123	11
2021	£249,750	£2,882	12
2020	£282,000	£2,815	11
2019	£255,000	£2,568	9
2018	£223,278	£2,483	9
2017	£216,594	£2,303	18
2016	£215,591	£2,095	15
2015	£178,889	£1,855	9
2014	£196,672	£1,858	16
2013	£177,541	£1,715	12
2012	£166,143	£1,740	7
2011	£207,185	£1,729	12
2010	£171,100	£1,741	11
2009	£162,250	£1,698	10
2008	£207,944	£1,847	10
2007	£186,106	£1,851	21
2006	£191,156	£1,692	25
2005	£171,388	£1,582	18
2004	£150,656	£1,656	41
2003	£147,672	£1,458	36
2002	£119,592	£1,267	61
2001	£98,249	£997	26
2000	£103,400	£852	11
1999	£88,307	£944	13
1998	£89,049	£813	9
1997	£78,871	£730	12
1996	£100,249	£605	4
1995	£47,286	£564	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,714	£2,231	7
2023	£243,833	£2,649	15
2022	£226,803	£2,668	18
2021	£218,611	£2,546	18
2020	£224,958	£3,193	12
2019	£178,167	£2,177	18
2018	£186,981	£2,158	26
2017	£165,763	£2,015	19
2016	£152,161	£1,874	14
2015	£154,577	£1,731	13
2014	£141,047	£1,887	21
2013	£115,538	£1,399	13
2012	£127,847	£1,502	18
2011	£131,954	£1,516	22
2010	£128,929	£1,515	7
2009	£132,615	£1,503	13
2008	£149,706	£1,486	17
2007	£154,251	£1,733	40
2006	£141,721	£1,587	27
2005	£130,337	£1,638	20
2004	£128,581	£1,644	30
2003	£112,749	£1,641	24
2002	£89,023	£1,228	40
2001	£69,163	£921	28
2000	£61,992	£815	20
1999	£52,185	£560	21
1998	£52,315	£593	18
1997	£43,849	£541	22
1996	£52,429	£564	14
1995	£46,375	£519	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£135,250	£849	2
2022	£1,045,000		2
2021	£125,000	£1,953	1
2020	£982,500		2
2019	£19,115,000	£1,942	2
2018	£400,000	£3,883	1
2017	£75,000		1
2015	£180,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,429	£3,097	7
2022	£225,050	£2,664	12
2021	£191,175	£2,182	10
2020	£180,333	£2,230	12
2019	£166,094	£2,070	8
2018	£169,000	£2,007	4
2017	£160,500	£1,755	10
2016	£135,636	£1,718	11
2015	£138,750	£1,741	7
2014	£112,600	£1,414	5
2013	£113,600	£1,466	5
2012	£119,750	£1,278	8
2011	£116,500	£1,433	4
2010	£121,306	£1,394	8
2009	£118,300	£1,171	5
2008	£125,917	£1,331	6
2007	£129,833	£1,646	12
2006	£130,035	£1,664	13
2005	£124,266	£1,484	15
2004	£122,399	£1,497	15
2003	£97,000	£1,269	13
2002	£88,000	£944	12
2001	£68,550	£947	17
2000	£62,339	£766	11
1999	£45,946	£611	17
1998	£59,749	£513	5
1997	£41,385	£470	10
1996	£46,875	£585	4
1995	£40,649	£481	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£81,000	£1,694	3
2022	£111,083	£1,933	6
2021	£80,833	£1,530	3
2020	£103,786	£1,842	7
2019	£75,889	£1,468	9
2018	£78,500	£1,576	8
2017	£118,598	£2,103	20
2016	£106,750	£1,691	10
2015	£56,667	£1,248	12
2014	£70,667	£1,436	9
2013	£67,000	£1,211	4
2012	£67,500	£1,390	4
2011	£66,000	£1,275	4
2010	£72,832	£1,756	3
2009	£58,094	£1,341	4
2007	£113,300	£2,021	5
2006	£100,564	£1,792	17
2004	£66,600	£1,566	5
2003	£56,135	£1,255	7
2002	£43,714	£1,015	7
2001	£32,073	£722	6
2000	£27,188	£641	8
1999	£21,929	£551	7
1998	£24,833	£522	3
1997	£27,333	£681	3
1996	£29,500	£723	3
1995	£31,750	£768	2

House Type in PE1 5LY area

The most common house types in the PE1 5LY postcode area are Semi-detached (98), Flat (17), and Detached (14).

Total	138
Semi-detached	98
Flat	17
Detached	14
Terraced	6
commercial building	2
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (33), and Social rented: Other social rented (33).

Owned: Owns with a mortgage or loan	33
Social rented: Other social rented	33
Owned: Owns outright	27
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	20
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PE1 5LY have 2 people in household (42), and 1 person in household (39).

2 people in household	42
1 person in household	39
3 people in household	28
4 people in household	19
5 people in household	6
6 people in household	3
7 people in household	2
0 people in household	0
8 or more people in household	0